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Cordell Realty

Tag: Assuming Loans

Posted on 06/05/2023
Pros & Cons of Assuming a VA Loan
Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...
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